The change follows the group's sixth straight quarter of weak results. It hopes to improve performance in its newly expanded health business, while bringing greater focus and accountability to its slower-growth home and hygiene business.

FMCG conglomerate ITC Ltd looks all set to give Reckitt Benckiser and Hindustan Unilever a run for its money in the rapidly gowing handwash market. It is planning to make inroads into this Rs 600 crore market through Savlon.